Viking Holdings (Viking Holdings) Accounts Receivable : $352 Mil (As of Mar. 2024)

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What is Viking Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Viking Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $352 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Viking Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 44.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Viking Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-29.34.

Viking Holdings Accounts Receivable Historical Data

The historical data trend for Viking Holdings's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Viking Holdings Accounts Receivable Chart

Viking Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Receivable

59.45

41.44

49.99

Viking Holdings Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial			41.44	-	53.57	49.99	352.11

Viking Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Viking Holdings Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Viking Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	352.108	/	718.155	*	91
=	44.74

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Viking Holdings's accounts receivable are only considered to be worth 75% of book value:

Viking Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1673.594	+	0.75 * 352.108	+	0.5 * 54.173	-	14625.437
-	0	-	0)	/	431.455
=	-29.34

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Viking Holdings Accounts Receivable Related Terms

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Viking Holdings (Viking Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Viking Holdings Ltd (NYSE:VIK) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

94 Pitts Bay Road, Pembroke, BMU, HM 08

Website

https://www.viking.com

Viking Holdings Ltd is a travel company, with a fleet of 92 small, state-of-the-art ships, which view as floating hotels. It offer travel experiences on all seven continents in all three categories of the cruise industry—river, ocean and expedition cruising. The Group defines its products based on the type of cruise offering and language of the cruise service. The River segment provides river cruises outside the United States to English-speaking passengers. The Ocean segment provides ocean cruises to English-speaking passengers. Other includes operating segments that are not individually reportable, consisting of expedition cruises for English-speaking passengers ("Expedition"), Mississippi River cruises for English-speaking passengers, Viking China, which includes cruises for Mandarin.

Viking Holdings (Viking Holdings) Headlines

From GuruFocus

Viking Announces Closing of Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares

By PRNewswire • 05-03-2024